Nvidia Purchased Intel Shares in $5B Deal, Signaling a High-Stakes Tech Alliance

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Beyond Shares: A Broader Product Partnership

The share purchase is only one pillar of a broader collaboration. Nvidia and Intel are also launching a joint product development effort aimed at multiple generations of customized data center and personal computing technologies.

The companies said the partnership is designed to accelerate applications and workloads across hyperscale, enterprise and consumer markets — a sweeping ambition that spans cloud infrastructure to everyday devices.

Talent, IP and the Race for Inference

Nvidia’s recent maneuvering extends beyond Intel. The company also secured talent and technology from Groq, a startup focused on custom inference chips. Nvidia emphasized it did not acquire Groq outright.

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“We haven’t acquired Groq,” a company spokesperson told PYMNTS last week. “We’ve taken a non-exclusive license to Groq’s IP and have hired engineering talent from Groq’s team to join us in our mission to provide world-leading accelerated computing technology.”

Groq said in a blog post that the agreement aims to broaden access to high-performance, low-cost inference — the stage in artificial intelligence when trained models process new data to generate outputs. Whether it’s a chatbot answering a customer question or software scanning financial documents, inference is where AI meets real-world demand.